I'm also in NH. Eversource announced this rate hike months in advance and had to get PUC approval for it. I'm surprised it was approved, as a 50% increase to many people's bills is going to be a serious hardship, especially rolling into winter. We do have the ability to change energy providers though. I switched to Direct Energy back in August, and locked in $0.135 for 28 months. Their plans went up as well since then, but you can still shave a few pennies off compared to Eversource. Note that you still have the same delivery fees, this is just a change in the energy supplier charge. I don't know if their referral is still working, as their website seems kind of broken in multiple ways today, but here's my link if you want to try: Refer-a-Friend | Direct EnergySo here in NH our electricity cost just more than doubled last month. That means we now pay $0.313 per kwh for our electricity ($0.226/kwh is the electricity cost and $0.09/kwh is the delivery cost). So, if I drive 1000 miles per month and I get 4 miles per kwh, it will cost me $78 in charging costs for home charging, or about $0.078 per mile driven. Our ICE SUV gets 30 mpg, which translates to $0.116 per mile driven if gas costs $3.49/gallon. In other words, even at these grossly high electricity prices the EV is still about 33% cheaper than ICE per mile. And this ignores maintenance costs, which are much higher for the ICE. But once winter sets in I expect the efficiency to drop to 3 miles per kwh, or perhaps even lower. That would raise my electricity cost per mile to $0.104, or almost parity with burning gas in my ICE.
Does anybody out there have higher electric rates than we "enjoy" here in New Hampshire?
Here's my most recent bill. I got absolutely wrecked in August due to a perfect storm of high AC use, a temporary electric water heater, and the new Eversource rates kicking in. My switch to DE didn't go into effect until September.